Geology & Geophysics ///

ION Geophysical to review strategic alternatives

ION Geophysical Corporation announced that its Board of Directors has initiated a process to evaluate a range of strategic alternatives to strengthen its financial position and maximize stakeholder value as the company continues to assess conditions in the capital markets and right-size the business.

Africa Geophysical Services secures 150,000+ Stryde nodes for seismic projects in the Middle East and Africa

The Oman-based land seismic acquisition company will use Stryde systems to obtain better high-definition images for oil and gas exploration across several projects.

Halliburton Landmark launches Geosciences Suite cloud solution

The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin.

Oceaneering wins survey contract offshore Guyana

Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited to provide two surveys offshore Guyana.

CGG sells its GeoSoftware business to Topicus.com and Vela Software

CGG S.A. and Topicus.com Inc. announced that CGG has entered into an agreement with Topicus and Vela Software, for the sale of CGG’s GeoSoftware business. The closing of this transaction remains subject to mutually agreed closing conditions.

CGG’s Sercel tallies first major GPR300 seabed nodal solution sale

The sale includes 18,000 nodes that will be deployed in Q4 2021 on a large-scale, long-term, multi-vessel operation in the Middle East region.

Subsurface trend analysis in the Gulf of Mexico

Jared Ciferno, Kelly Rose, NETL; Mackenzie Mark-Moser, Leidos Research Support Team

The Subsurface Trend Analysis (STA) method is a data-driven approach, in which deductive geologic methods are integrated with spatiotemporal statistical autocorrelative methods. NETL has developed STA to better understand subsurface systems and predict their properties.

Exxon walks away from stake in deepwater Ghana block

Exxon Mobil is pulling out of a deep-water oil prospect in Ghana just two years after the west African nation ratified an exploration and production agreement with the U.S. oil titan.

Ikon Science launches Curate, enabling enterprise-wide data access and collaboration to reduce risk

Ikon Science, a 20-year global provider of geoprediction and knowledge management software and services, announced the launch of Curate, a scalable, cloud-enabled knowledge management solution designed to provide cost efficiencies along with faster and more accurate decision making.

Halliburton, TGS team up to bring advanced seismic imaging to fiber optic sensing

“This solution enables enhanced reservoir understanding for our customers with a lower total cost of ownership relative to conventional 4D seismic,” said Jan Schoolmeesters, executive vice president of TGS Operations and New Energy Solutions.

CGG and dCarbonX sign strategic agreement for decarbonization exploration

CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK, which include geothermal energy and storage sites for CO2, hydrogen and ammonia.

Machine learning for predicting stochastic fluid and mineral volumes in complex unconventional reservoirs

Fred Jenson, Chiranjith Ranganathan, Shi Xiuping, Ted Holden, CGG

A machine learning workflow can quickly, and accurately, predict mineralogy, porosity and saturation in multiple wells to better understand productive layers in unconventional oil reservoirs.

TGS to reprocess 9,024 km2 cross-border survey for offshore Timor-Leste and Australia license rounds

TGS anticipates significant uplift in quality beyond the original PSTM data which was acquired in 2012. Utilization of modern imaging techniques, including full waveform inversion, will enable a significantly enhanced evaluation of the prospectivity of the area.

CGG wins three new offshore imaging projects for BP

CGG has been awarded three major seismic imaging projects by BP, two from the deepwater Gulf of Mexico and one from offshore Trinidad & Tobago. These projects will start in Q1/Q2 this year and complete with cloud delivery of the data no later than Q4 of 2021.

Sercel, Kappa Offshore launch 3D marine seismic system for renewable energy surveys

Sercel and Kappa Offshore Solutions introduced PIKSEL, a compact marine seismic solution specially designed for acquiring seismic data for high-resolution 3D imaging of targeted offshore areas.

Solid-state GWD system provides step-change in wellbore placement accuracy, collision risk mitigation

Fraser Cowie, Steve Thompson, Greg Belbin, Stephen Forrester, Gyrodata

A first-of-its-kind innovation in wellbore surveying—a true solid-state GWD system—is achieving optimized reservoir placement and wellbore collision risk mitigation in several regions globally.

Sercel equips 3D mega-crew seismic survey in North Africa

The crew is operating with an 80,000-channel 508XT land acquisition system, with QuietSeis digital sensors and ten Nomad 90 Neo broadband vibrators in challenging desert terrain.

Fugro performs geophysical surveys offshore Suriname for Petronas

The work for Petronas Suriname is being conducted from the survey vessel MV Fugro Brasilis and involves geophysical data collection, heat flow measurements, core sampling and onboard geochemical analyses, which aim to optimize future exploration activities in this frontier area.

Eni Angola grants Fugro multiple offshore geotechnical surveys

Fugro has been awarded multiple contracts by Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May, and two Fugro vessels from their world’s largest fleet of specialist geotechnical and geophysical vessels are currently active in the region.

Stratagraph names Ashby Pettigrew as new company president

Stratagraph, a pioneer in providing geological services to the global oil and gas industry for the past six decades, has named Ashby Pettigrew as its new company president.